- Email: [email protected]
PPG restructures UK facility
Industry news
Interplastic set to buy Mahogany PPG restructures UK facility distribution company PPG INDUSTRIES is restruct- needs in the wind energy, longTHE ASSETS of Mahogany Company of Mays Landing Inc’s composite materials distribution business are being sold to Interplastic Corp, St Paul, Minnesota. North American Composites, Interplastic’s distribution subsidiary, will operate the business, which distributes a range of thermoset resins, fibreglass reinforcements and associated products to customers on the Eastern Seaboard of the USA. As part of the sale, Interplastic will acquire Mahogany’s two distribution centres in Mays Landing, New Jersey, as well as its stocking locations in Everett,
Pennsylvania, and Duncan, South Carolina. Although Mahogany Kit Cutting is not included in the sale, Interplastic will have exclusive distribution rights for Mahogany-produced composite kits. The sale, expected to be completed by the end of November, will enable Mahogany to focus on its kit cutting business and will expand North American Composites’ coverage in the mid-Atlantic states. Interplastic Corp; www.interplastic.com Mahogany Company of Mays Inc; www.mahoganycompany.com
uring manufacturing processes at its Wigan, UK, glass fibre plant in order to focus on the European market for singleend, direct-draw rovings. The restructure will result in the loss of approximately 100 jobs at the site by the end of March 2007. As part of the restructure, PPG will move manufacture of chopped strand glass mat to its PPG Sinoma Jin Jing Fiber Glass Zibo Ltd joint venture in Zibo, China. Manufacture of gun rovings has already been transferred to Zibo. “Our entire two-furnace operation will be geared to meeting European customers’ growing
fibre thermoplastics, and highpressure pipe industries,” says Wigan plant manager Steve Verdin. “We intend to invest approximately US$5 million in automated, state-of-the-art manufacturing capabilities to provide our customers with highquality, direct-draw product at competitive prices.” The company will continue to provide European customers with high-quality, competitively priced products from both Wigan and China, emphasises Hein Gaarenstroom, sales director, fiber glass, Europe. PPG; www.ppg.com
LM Glasfiber and Vestas sign agreement LM GLASFIBER has signed a three-year supply agreement with wind turbine producer Vestas. The company will supply 1500 MW blades for Vestas’ V821.65 MW turbine, produced in Chennai, India. The blades will be manufactured at the company’s Bangalore factory and at a new factory in Dobespet, both in the state of Kannataka, India. The new factory will begin supplying blades from the middle of 2007. “By sourcing the blades locally in India, we obtain the local competitive advantages through reduced transport costs and less dependency on currency fluctuations,” says Thorbjoern N. Rasmussen, president of Vestas Asia Pacific. LM Glasfiber; www.lmglasfiber. com November 2006
REINFORCEDplastics
9
Interplastic set to buy Mahogany PPG restructures UK facility distribution company PPG INDUSTRIES is restruct- needs in the wind energy, longTHE ASSETS of Mahogany Company of Mays Landing Inc’s composite materials distribution business are being sold to Interplastic Corp, St Paul, Minnesota. North American Composites, Interplastic’s distribution subsidiary, will operate the business, which distributes a range of thermoset resins, fibreglass reinforcements and associated products to customers on the Eastern Seaboard of the USA. As part of the sale, Interplastic will acquire Mahogany’s two distribution centres in Mays Landing, New Jersey, as well as its stocking locations in Everett,
Pennsylvania, and Duncan, South Carolina. Although Mahogany Kit Cutting is not included in the sale, Interplastic will have exclusive distribution rights for Mahogany-produced composite kits. The sale, expected to be completed by the end of November, will enable Mahogany to focus on its kit cutting business and will expand North American Composites’ coverage in the mid-Atlantic states. Interplastic Corp; www.interplastic.com Mahogany Company of Mays Inc; www.mahoganycompany.com
uring manufacturing processes at its Wigan, UK, glass fibre plant in order to focus on the European market for singleend, direct-draw rovings. The restructure will result in the loss of approximately 100 jobs at the site by the end of March 2007. As part of the restructure, PPG will move manufacture of chopped strand glass mat to its PPG Sinoma Jin Jing Fiber Glass Zibo Ltd joint venture in Zibo, China. Manufacture of gun rovings has already been transferred to Zibo. “Our entire two-furnace operation will be geared to meeting European customers’ growing
fibre thermoplastics, and highpressure pipe industries,” says Wigan plant manager Steve Verdin. “We intend to invest approximately US$5 million in automated, state-of-the-art manufacturing capabilities to provide our customers with highquality, direct-draw product at competitive prices.” The company will continue to provide European customers with high-quality, competitively priced products from both Wigan and China, emphasises Hein Gaarenstroom, sales director, fiber glass, Europe. PPG; www.ppg.com
LM Glasfiber and Vestas sign agreement LM GLASFIBER has signed a three-year supply agreement with wind turbine producer Vestas. The company will supply 1500 MW blades for Vestas’ V821.65 MW turbine, produced in Chennai, India. The blades will be manufactured at the company’s Bangalore factory and at a new factory in Dobespet, both in the state of Kannataka, India. The new factory will begin supplying blades from the middle of 2007. “By sourcing the blades locally in India, we obtain the local competitive advantages through reduced transport costs and less dependency on currency fluctuations,” says Thorbjoern N. Rasmussen, president of Vestas Asia Pacific. LM Glasfiber; www.lmglasfiber. com November 2006
REINFORCEDplastics
9